SCM Hotel Operating 401(k) match, vesting and fees
What SCM Hotel Operating's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Transamerica Retirement Solutions, | Schedule C ↗ |
| Independent auditor | Wright Ford Young & Co (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 1,100 defined-contribution plans in accommodation and food services with 100 to 499 participants.
| SCM Hotel Operating: employer contribution per participant | $2,029 | |
| Peer median | $935 |
| SCM Hotel Operating: average balance | $48,515 | |
| Peer median | $24,052 |
| SCM Hotel Operating: admin expenses ÷ assets | 0.86% | |
| Peer median | 0.61% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $7.1M at the end of plan year 2022 to $7.8M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 598 | $7.8M | $325K | $2,029 | 0.86% | Not published | Form 5500 ↗ |
| 2023 | 549 | $7.3M | $289K | $1,936 | 0.96% | Not published | Form 5500 ↗ |
| 2022 | 427 | $7.1M | $84K | $598 | 0.31% | Not published | Form 5500 ↗ |
Common questions
Does SCM Hotel Operating match 401(k) contributions?
The match terms for the Quorum Hotels 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $325K in employer contributions, about $2,029 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the SCM Hotel Operating 401(k) match vested?
The vesting schedule for the Quorum Hotels 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the SCM Hotel Operating 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Transamerica Retirement Solutions,. The plan administrator is Scm Hotel Operating Company, LLC.
I left SCM Hotel Operating. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Scm Hotel Operating Company, LLC, (972) 458-7265) or the recordkeeper, Transamerica Retirement Solutions,. The SCM Hotel Operating old 401(k) page lists the contacts from every plan filing. Find an old SCM Hotel Operating 401(k)
Data from the public Form 5500 annual reports SCM Hotel Operating filed with the U.S. Department of Labor (plan years 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with SCM Hotel Operating. Not financial advice. Report a correction · Methodology